Queens dealerships pride themselves on great customer service, high quality cars, and excellent deals. In recent years, leasing a car in Queens has become as common as buying a car. There’s a big reason for this. Leasing a car is often more advantageous than buying one.
Queens, New York residents can rest easy in the simple advantages of leasing. There are many of these advantages.
Why lease instead of buy?
1. Lower monthly payments: Nothing is quite as comforting as a low monthly payment for a car. When you lease a car, you’re going to pay, on average, 60% less in monthly payments than if you had bought the same car. This amounts to big bucks saved over the short-term.
2. Tax perks: If you’re leasing a car for business, you can expect to be able to deduct a certain portion of the lease from your taxes. These portions are the car’s depreciation and whatever financing costs you’ve sustained. This is great news for business owners who depend on reliable transportation for their livelihood.
3. Repair comforts: The comfort of knowing that you will have a fully functional and dependable automobile while you are driving it is one of the greatest comforts in the world. When a car is leased, it’s usually still under manufacturer’s warranty, meaning that you don’t have to worry about paying for repairs when they come your way. Among all of the benefits of leasing, this is one of the single most important.
4. Flexibility perks: Some people believe that variety is the spice of life. If you want to drive a new car frequently, but can’t afford to purchase one often, then leasing is the ideal scenario. In this wonderful scenario, you can lease a really nice car for much less money than you would use if you bought the same car. The end result is that at the end of a few years, you can return the car to the dealership, no strings attached, and forego the stress of trading in a car or re-selling it. From there, you can go straight to another great Queens dealership and lease another vehicle you love.
5. Up front cost reduction: Up front cost is one of the greatest barriers to car ownership. If you can’t come up with a husky down payment, you can’t drive away in your new vehicle. Leasing is much different. You are going to have either a $0 down payment or a very low payment in comparison to what you would pay for buying a car. Lowering up front costs frees up more money in your budget for fun things like vacations, electronics, or new homes.
Leasing in Queens, New York
Leasing in Queens, New York is extremely easy. Dealerships are very keen on leasing vehicles because it’s one of the easiest arrangements they have. Leasers typically have much very good credit, clearing the way for leasers to drive away in a car that they’re truly satisfied with. Unlike buying, where you often have to settle long-term on a car that you can afford rather than a car that you truly love, leasers have the entire car lot in front of them for browsing. Their options on which car to drive away in are greatly expanded from those that buyers on a budget face.
If your have great credit and want to drive away in the car of your dreams, leasing is a tremendous opportunity. So many people would love to drive a Mercedes but fancy themselves the type that can’t afford to drive one. In reality, you just can’t afford to BUY one. Driving one is entirely possible thanks to the magic of leasing. Dealers should always point out the option of leasing to you because it is generally one of the best ways in the world to save money on the car you drive for the next few years. You’re not locked into a long term financing arrangement that can go bad very quickly one the car begins to break down and need repairs.
Perhaps the greatest benefit of leasing are the options you have after the lease is over. You have the option to simply walk away from the car and return it, no more hassles, or you can buy the car at the end of the lease. Since the future price of your car is set in stone in your lease agreement, you can often purchase the car for much less later on after your lease has ended. Queens car lovers have a lot to be thankful about when it comes to leasing.